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CALIFORNIA COMMUNITY CREDIT UNION

Jun, 30, 2023 — CALIFORNIA COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in SACRAMENTO, CA with 4 branch locations and about $82.62 million in total assets. Opened 84 years ago in 1939, CALIFORNIA COMMUNITY CREDIT UNION has about 4,371 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CALIFORNIA COMMUNITY CREDIT UNION
Address:
(Main Office)
8815 Folsom Blvd
SACRAMENTO, CA 95826
Phone:(916) 386-1418
Fax:(916) 386-0634
Website:https://www.caccu.org
Branches:4 branch locations
Members:4,371
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68321
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1939
Last Audited:Oct 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$82,616,317
CEO/Manager:Marcy Cole-King
Chairperson:Norval Chan

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 24,577,108
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 9,217,834
 Unsecured Loans 2,006,899
 Other Loans 13,846,936
 TOTAL LOANS 25,071,669
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -245,480
 Land And Building 616,155
 Other Fixed Assets 541,541
 NCUSIF Deposit 709,731
 All Other Assets 0
  TOTAL ASSETS 82,616,317
LIABILITIES & CAPITAL:  
 Dividends Payable 523
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,049,619
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 17,152,690
 Regular shares 39,932,636
 All Other Shares & Deposits 15,789,967
  TOTAL SHARES & DEPOSITS 72,875,293
  TOTAL LIABILITIES 73,925,435
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 8,690,882
  TOTAL EQUITY 8,690,882
  TOTAL LIABILITIES, SHARES, & EQUITY 82,616,317
INCOME & EXPENSE  
 Loan Income 670,220
 Investment Income 497,626
 Other Income 210,810
 Total Employee Compensation & Benefits 735,768
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 684,747
 Non-operating Income & (Expense) 15,000
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -214,842
 Cost of Funds 19,764
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 243,234
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